American Software Inc. (NASDAQ:AMSWA) hit a new 52-week high during trading on Thursday . The company traded as high as $11.76 and last traded at $11.69, with a volume of 71,526 shares traded. The stock had previously closed at $11.27.

A number of equities research analysts recently commented on the stock. B. Riley restated a “buy” rating and set a $12.50 price objective on shares of American Software in a report on Sunday, June 26th. Zacks Investment Research upgraded shares of American Software from a “sell” rating to a “hold” rating in a report on Wednesday, April 27th.

The company has a market cap of $335.76 million and a price-to-earnings ratio of 33.09. The company has a 50 day moving average price of $10.98 and a 200 day moving average price of $9.74.

American Software (NASDAQ:AMSWA) last released its quarterly earnings data on Thursday, June 23rd. The company reported $0.11 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.07 by $0.04. The company had revenue of $28.90 million for the quarter. Equities research analysts predict that American Software Inc. will post $0.33 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 2nd. Shareholders of record on Friday, November 11th will be given a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 3.90%. The ex-dividend date is Tuesday, November 8th.

American Software, Inc (American Software), develops, markets and supports a portfolio of software and services that delivers enterprise management and collaborative supply chain solutions to the global marketplace. American Software operates three business segments: Supply Chain Management (SCM), Enterprise Resource Planning (ERP) and Information Technology (IT) Consulting.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.